NOT LISTED FOR SALE

404 Summer Orchard Dr Unit 24 Hendersonville, NC 28792

Estimated Value: $784,884 - $893,000

1 Acre
$819,971 Price per Acre
43,560 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $33,000

Est. 2,406% increase in value since last sale

Current estimated payment $4,922/month

1,148 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Many Trees
  • Clubhouse
  • Recreation Facilities

About This Lot

As of July 2021

Build your new home in this spacious gated community. Enjoy the community clubhouse, pool, recreation area. 18 minutes East of I-26 on Hwy. 64. towards Lake Lure, Chimney Rock. 4 BR septic permit has expired.
Needs to be renewed.

Last Agent to Sell the Property

Bob Barcafer

Cove Realty Company License #51858 Listed on: 05/04/2018

Last Buyer's Agent

Kari Owens

Carolina Properties License #245252

Property Details

Property Type

  • Land

Lot Details

  • Many Trees

HOA Fees

  • $67 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 9974825

Community Details

Overview

  • Ipm Corp. Association, Phone Number (828) 650-6875

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.91922
  • Ratio Close Price By Original Li: 0.82707
  • Ratio Current Price By Acre: 33000.00
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 828 650-6875

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Outdoor Pool, Playground, Recreation Area
  • Association Fee: 200.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: IPM Corp.
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Edneyville
  • Middle School: Apple Valley
  • High School: North Henderson

Lot Info

  • Lot Dimension: 152x253x162x320
  • Lot Features: Paved Frontage, Rolling, Trees
  • Lot Size Area: 1.000
  • Parcel Number: 9974825
  • Zoning Specification: R2R

Tax Info

  • Tax Value: 40000.00
  • Tax Location: Hendersonville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2023
Sold by
Richards David and Doby Kathryn
Bought by
Richards David A and Doby Kathryn
Current Estimated Value
$826,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$270,059
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$581,043

Purchase Details

Closed on
Sep 6, 2023
Sold by
Michael Owens Framing & Homebuilders Llc
Bought by
Richards David and Doby Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$270,059
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$581,043

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 14, 2021
Sold by
Barc Robert and Barc Carolyn
Bought by
Michael Owens Framing & Homebuilders Llc and Framing Homebu
Seller's Agent
Bob Barcafer
Cove Realty Company
Buyer's Agent
Kari Owens
Carolina Properties
List Price
$35,900
Sold Price
$33,000
Premium/Discount to List
-$2,900
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.23%

Purchase Details

Closed on
Nov 28, 2018
Sold by
Barcafer Robert H
Bought by
Barcafer Robert and Barcafer Family Trust

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 3, 2016
Bought by
Barcafer Robert H
Seller's Agent
Alysia Maher
Allen Tate/Beverly-Hanks Hendersonville
Buyer's Agent
Bob Barcafer
Cove Realty Company
List Price
$23,500
Sold Price
$10,000
Premium/Discount to List
-$13,500
-57.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.76%

Purchase Details

Closed on
Sep 12, 2016
Sold by
Samona Mukhles D
Bought by
Bank Of America

Purchase Details

Closed on
Dec 30, 2005
Sold by
Not Provided
Bought by
Samona Mukhles D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richards David A -- None Listed On Document
Richards David $750,000 None Listed On Document
Michael Owens Framing & Homebuilders Llc $33,000 Staton Whitney
Barcafer Robert -- --
Barcafer Robert H $10,000 --
Bank Of America $12,000 --
Samona Mukhles D $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards David $275,000
Previous Owner Framing Michael Owens $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $33,000 -8.1% --
06/25/2021 06/25/21 Pending -- -- --
01/14/2021 01/14/21 Price Changed $35,900 0.0% --
01/14/2021 01/14/21 For Sale $35,900 -5.3% --
09/10/2020 09/10/20 Pending -- -- --
02/03/2020 02/03/20 Price Changed $37,900 0.0% --
02/03/2020 02/03/20 For Sale $37,900 +14.8% --
12/31/2019 12/31/19 Off Market $33,000 -- --
05/04/2018 05/04/18 For Sale $39,900 +299.0% --
11/28/2016 11/28/16 Sold $10,000 -57.4% --
10/20/2016 10/20/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $23,500 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,465 $634,700 $85,000 $549,700
2024 $3,465 $634,700 $85,000 $549,700
2023 $186 $34,000 $34,000 $0
2022 $189 $28,000 $28,000 $0
2021 $189 $28,000 $28,000 $0
2020 $189 $28,000 $0 $0
2019 $189 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3387990

Canopy MLS (Canopy Realtor® Association)

APN: 9974825